Generali Investments Towarzystwo Funduszy Inwestycyjnych Sells 3,500 Shares of Impinj, Inc. $PI

Generali Investments Towarzystwo Funduszy Inwestycyjnych lessened its position in Impinj, Inc. (NASDAQ:PI) by 25.9% during the third quarter, Holdings Channel.com reports. The fund owned 10,000 shares of the company’s stock after selling 3,500 shares during the period. Generali Investments Towarzystwo Funduszy Inwestycyjnych’s holdings in Impinj were worth $1,808,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of PI. Kornitzer Capital Management Inc. KS purchased a new stake in shares of Impinj during the third quarter worth about $1,627,000. Vanguard Personalized Indexing Management LLC raised its position in Impinj by 14.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 2,370 shares of the company’s stock valued at $428,000 after purchasing an additional 299 shares during the last quarter. Strs Ohio lifted its holdings in Impinj by 425.0% in the 3rd quarter. Strs Ohio now owns 2,100 shares of the company’s stock worth $380,000 after buying an additional 1,700 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Impinj in the 3rd quarter worth approximately $8,329,000. Finally, Huntleigh Advisors Inc. purchased a new position in shares of Impinj during the third quarter valued at approximately $253,000.

Impinj Stock Up 1.7%

NASDAQ:PI opened at $162.50 on Tuesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 2.67 and a quick ratio of 1.97. The firm’s 50-day moving average price is $169.12 and its 200-day moving average price is $172.12. The company has a market capitalization of $4.89 billion, a PE ratio of -369.31 and a beta of 1.52. Impinj, Inc. has a 1-year low of $60.85 and a 1-year high of $247.06.

Impinj (NASDAQ:PI) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.08. Impinj had a negative net margin of 3.45% and a positive return on equity of 8.15%. The company had revenue of $96.06 million during the quarter, compared to analysts’ expectations of $92.71 million. During the same period last year, the company posted $0.56 EPS. Impinj’s revenue was up .9% on a year-over-year basis. Impinj has set its Q4 2025 guidance at 0.480-0.520 EPS. On average, equities analysts predict that Impinj, Inc. will post -0.47 EPS for the current fiscal year.

Insider Activity

In other news, insider Sylebra Capital Llc sold 134,629 shares of the business’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $150.36, for a total value of $20,242,816.44. Following the sale, the insider directly owned 1,132,152 shares of the company’s stock, valued at $170,230,374.72. The trade was a 10.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 697,450 shares of company stock worth $110,643,153 in the last ninety days. 51.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PI. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Impinj in a research note on Thursday. Cantor Fitzgerald raised their target price on shares of Impinj from $217.00 to $246.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Evercore ISI boosted their price target on shares of Impinj from $236.00 to $273.00 and gave the company an “outperform” rating in a research report on Thursday, October 30th. UBS Group decreased their price target on shares of Impinj from $200.00 to $190.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Wall Street Zen lowered shares of Impinj from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Impinj currently has an average rating of “Moderate Buy” and an average price target of $225.22.

Impinj Profile

Impinj, Inc, headquartered in Seattle, Washington, develops Radio Frequency Identification (RFID) solutions designed to connect everyday items to the internet. Founded in 2000, the company pioneered RAIN RFID technology with a focus on transforming supply chain and inventory processes across retail, healthcare, airport baggage handling and manufacturing. Impinj’s platform comprises RAIN RFID tag chips, fixed and handheld RFID readers, gateways, antennas and connectivity modules that enable real-time visibility of tagged items.

Impinj’s product portfolio is built around its core RAIN RFID ecosystem, offering tag chips for high-volume production (Monza series), reader chips for integration into third-party devices and complete reader and gateway systems (Speedway series and xArray).